“…Within environmental economics, an important aspect is the management of environmental risks during the implementation of large projects, for example, in the field of sustainable development of cities [1][2][3][4][5] and municipalities [6], or in the field of environmental management [7], including coastal zones [8], While such risk management we propose to use geo-information support [9][10][11], based on the principles of geoinformation management of complex geographically distributed systems [12][13][14][15][16][17]. If the projects are implemented in the Arctic and subarctic regions [18], the composition of natural risks must take into account climate change, due, inter alia, the influence of the inflow into the Arctic ocean of Pacific and Atlantic waters [19,20], the flow of Arctic rivers, as well as black carbon [21].…”